I would hope the prosumer tier is not too far behind |
cyberbub
It will be interesting how many of the 40k existing users convert to the £7.50 deal |
Hello… where is everyone? SSB NickB Cabi1… I think everyone getting ready for the party or gone to the bank to open new account 😊😊😊Existing days ahead with unique features and technology of 21st century! Common 50% off only £7.50 next year it will be £75🙃🙃;🙃 |
Cyber
The general thought was they needed more than just the current product with storage.
And what are they offering....
It's hardly inspiring.
No talk of affiliates, marketplace, advertising etc.
There is going to be a very dilutive placing before year end. |
The pricing seems smart. It also undercuts Sequence by 65-75% on their Team and Studio options with comparable users and storage. |
So am I correct in thinking that this is the lowest paid tier so they have adjusted their strategy a bit as the original plan was initially for prosumers.
Makes sense to me with capcut and scenery and sequence problems discussed. They like their bells and whistles which may be round the corner. Will they be retained? |
How easy is it to cancel the £7.50 subscription. At £7.50 many will be happy to try provided they can easily cancel. Easy to get a bad reputation if users feel trapped or struggle to cancel.
To be honest I think most will be very happy. Just need to make sure no hiccups happen during implementation of payment gateway. |
Hyper Al, yes I was going to say that the slightly lower than expected £15 fee means we need more users to reach breakeven. But it should attract more users (especially with the 50% off).
I would ignore the £7.50, it's a short-term loss-leader IMO. At £15 I don't think we need 100k paying users. About 20-25k to breakeven I reckon, unless you mean for them to be able to also substantially grow the company?
At £7.50 I would say 50k customers to reach breakeven. Breakeven is the key target now IMO. It completely transforms the company from one always needing another placing on the vicious AIM market, to a fully investible proposition. |
Just need a 100k users at £7.50 per month to more than cover ongoing development costs. |
Great news! That will have caught a few on the hop. |
Presumably they will now also start significantly ramping up the marketing, Google AdWords, social media, influencers etc? |
cyberbub
I hope they have elevate.io fully loaded with all they have available by SXSW |
I guess that someone willing to pay £7.50/month, are doing so for a 50% discount in perpetuity. That’s quite sensible really- at least in terms of locking in real users and honing in on the people worth talking to. |
It will be interesting to see how the payment gateway works, particularly when add-ons are introduced.
bonio10000
I think you are underestimating the team effort required in producing a payment gateway for such a project, it's a massive task.
Now it's in place, I assume, it should make ongoing development of new features easier, particularly in relation to payment gateway and charging for ai modules or more complex features. |
Am surprised there's not more chatter this morning, it's a major announcement.... And the company have kept their promise to launch in Q1, removing any niggling doubt about potential delays... |
Bonio, what do you mean? There are loads more features than 12 months ago. I agree I'm slightly surprised they've launched without a few key features, but that gives them the opportunity to drop those features with a further big fanfare in the coming (hopefully) few weeks - perhaps at SXSW? |
Great news that we may have some revenue very shortly! Good to see that it didn't 'leak' either....I guess they're launching early with the half-price lifetime deal as a win-win: a bargain price for the customer in exchange for a few features still being under development, and for Blackbird a chance to get early feedback from the mass market rather than a handful of testers.What I don't understand is the distinction between the free and the paid version? 500Gb and 1 extra seat for collaboration OK. What about any difference in features? Or are they abandoning the free version entirely? |
tegell1
It's a good deal. |
50% lifetime discount is interesting |
Very exciting news.
elevate.io income stream in place from this Tuesday 🙂🍾 |
Yes. Be keen to see take up rates |
Exciting news |
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